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7440 Michigan Rd, Indianapolis, IN 46268

Auto-oriented space includes overhead doors, parking, and pylon signage along Michigan Rd.

Space SizeContact for details
Property Size3,000 SF
Days on Market6

Property Features for 7440 Michigan Rd

General Information

Standard status Active
Size 3,000 SF
Property subtype FLEX_R_AND_D
Lease Type Nnn

Spaces For Lease

at 7440 Michigan Rd Contact us

7440 Michigan Rd $14/SF/Yr

Contact us
Listing Agency: Arnold Meyer Management
Listed By: Phil Cohn
Source: Moodyscre
Added: Jul 30 Changed: Aug 2 Last Checked: Aug 3 at 1:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Arnold Meyer Management

Investment Insights

Based on property information with market context.

The property offers a combination of automotive and office/flex space. Unit 7450 contains 8,750 SF configured for auto use, with multiple overhead or drive-in doors and ample parking. Unit B provides approximately 3,000 SF of office/flex space within the building. Pylon signage is available for the property.

The site fronts Michigan Rd., a busy thoroughfare with surrounding retail activity. College Park is to the north, Traders Point is to the northwest, and the 71st St. and Michigan Rd. retail area is to the south. I-465 is accessible from both the north and west, supporting connections across the surrounding commercial area.

Key Highlights

  • Unit 7450 offers 8,750 SF for auto use
  • Multiple overhead and drive‑in doors support automotive operations
  • Unit B provides ~3,000 SF of office/flex space

Property Analytics

Current Use

Count Me In Childcare Daycare Center

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Auto Repair Shop Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

367
Businesses Nearby
Under-served
Demand for This Use

Demographics for 46268, IN

26,353
Population
11,904
Households
2.2
Avg Household Size
38
Median Age
40%
College-Educated
91%
High-School Grad
12.7 sq mi
ZIP Area
2,075
Density / Sq Mi
$63,322
Median Household Income
$41,596
Median Earnings
$1,171
Median Rent
$208,500
Median Home Value

Market

Lease Benchmarks for Indianapolis, IN

$22.17 /SF/Yr
Avg Asking Price
$8–$95.52 /SF/Yr
Price Range
17,040 SF
Avg Space Size

This space is priced 37% below the average of $22.17 /SF/Yr.

Properties on Market for Flex space in Indianapolis

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Office in Indianapolis, IN

17.4% 2019
17.8% 2020
19.1% 2021
19.3% 2022
22.2% 2023
22.8% 2024
21.4% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Auto-oriented space includes overhead doors, parking, and pylon signage along Michigan Rd.
Where is this flex space located?
The property is located at 7440 Michigan Rd Indianapolis, IN.
What is the lease rate?
The lease rate is $14 SF/Yr.
What are key features of this property?
This property features: Unit 7450 offers 8,750 SF for auto use; Multiple overhead and drive‑in doors support automotive operations; Unit B provides ~3,000 SF of office/flex space
(317) 987-1076 Call to check price and availability
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